JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Trading Up 0.5% – Here’s What Happened

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) rose 0.5% during mid-day trading on Monday . The company traded as high as $63.83 and last traded at $63.40. Approximately 12,880 shares were traded during mid-day trading, a decline of 48% from the average session volume of 24,858 shares. The stock had previously closed at $63.07.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.5%

The firm’s 50-day moving average is $63.96 and its 200 day moving average is $64.02. The firm has a market capitalization of $380.40 million, a price-to-earnings ratio of 11.40 and a beta of 0.47.

Hedge Funds Weigh In On JPMorgan Diversified Return Emerging Markets Equity ETF

Several large investors have recently modified their holdings of the business. Aptus Capital Advisors LLC grew its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 475.0% in the fourth quarter. Aptus Capital Advisors LLC now owns 575 shares of the company’s stock worth $35,000 after purchasing an additional 475 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the first quarter valued at $53,000. CWM LLC bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter worth $59,000. Farther Finance Advisors LLC raised its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 126.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,248 shares of the company’s stock worth $76,000 after purchasing an additional 696 shares during the last quarter. Finally, First Horizon Corp acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter worth about $83,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.